Well lets say I have 5 million in A4n, price drops 20% and I have another deal right now where I can do a capital raising for 4 Mill at a 20% discount using that capital and I believe the upside will be quicker with a drill result for example due in 3 months that is then worth my time to just dump and use my capital elsewhere. I can always use my increase capital to come back in at a discount especially in this current climate.
Ann: Orica and Alpha Execute Definitive Agreements, page-53
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Last
85.3¢ |
Change
-0.018(2.01%) |
Mkt cap ! $970.0M | |||
| Open | High | Low | Value | Volume |
| 87.0¢ | 87.0¢ | 84.5¢ | $259.5K | 302.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 17694 | 85.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.5¢ | 25155 | 31 |
View Market Depth
| Last trade - 14.25pm 11/07/2024 (20 minute delay) ? |
| A4N (ASX) Chart |